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their carry-ons with them? if you are tired of washington's high taxes and big spending here is one way to stick it to the man >> tom: okay, you go first. i'll be right behind you. i have seen a lot of tax protestors and they do put them in prin when they don't pay their taxes. yes, people go to jail. i'll let you fight the battle first. thanks to everybody that contacted the show. keep your comments coming in. tom sullivan show, we're open for business 24/7. check out our facebook page, and then tom sullivan show. there is a lot of tom sullivan show, you can follome on twitter at sullivan radio and all the things to contact us on the web my main webpage which is tomsullivan.com. thanks for joining us. make sure to tune in to the radio show. listen in through our fox news radio app. download it from itunes. you can hear us online by clicking live button on my main website. we or radio every day from 3:00 to 6:00 p.m. eastern time. we'll have another great show lou: good evening, everybody. thank you for joining us. the dow jones industrials three consecutive record closes in did today a
-called vice taxes. you have probably heard the sequester cuts go after about $44 billion in this fiscal year. let me give you a sense of this. taxes on tobacco and alcohol and gaming, gambling, lotteries, generated together $75 billion compared tough sequester, that taxes are doing a very powerful job. that is, federal, state and and local revenue. two states, two states have legalized the recreational use of marijuana. they are colorado and washington . colorado collects more than $5 million in sales, $5 million in sales from dispensaries, pot dispensaries, marijuana. washington is reportedly collecting some $750,000 in taxes, although they have been having trouble getting dispensaries registered with the state. it is affecting their revenue. pot smokers procrastinating. hard to imagine. well, regarding that $13 billion pornography industry, 13 billion. california is earning about $36 million per year just in revenue from the porn industry. it's worth about a billion dollars overall to the economy, just in southern california. we we are on the subject of sex in addition to the so-called vic
the challenge of passing a budget that raises spending, it increases taxes to the tune of about a trillion dollars. with the republican budget, looking down the road and tried to give back to that balanced budget. lou: $5 trillion. the ryan budget would cut 5 trillion from the level of increased spending. government would grow. more than 3 percent per year. you do support the ryan budget. >> i do. and it is really about making sure that we protect medicare for the long term, for those who are over the age of 55, protecting social security. but we also have to take a step back and realize that these programs are not going to be able to operate the same years down the road. so free and the generations like myself, if we want those programs to be solvent we're going to have to make some adjustments which is what the budget does. it is just simply using common sense and looking at the map that we cannot continue down the current path that we're on. lou: common sense does not apply when we talk about the second amendment in this country in washington d.c. you have to be ratified that the assaul
in pasadena, home values and property taxes are three times sandino's. boost have the city charter overturned have failed in the city council. again, this city, filing for bankruptcy in august citing a $46 million deficit and goes before a judge tomorrow. it is stupid moves like this that are keeping cities and agencies like the post office drowning in debt. there is more people involved and not a fix the problem. we just need to get the monitor. that's my "2 cents more," and that's it for tonight on "the willis report." thank you for joining us. don't forget said records show. i'll see you next week. ♪ ♪ lou: good evening, everybody. president obama today reacting to reported, but unsubstantiated claims of the use of chemical weapons threatening the syrian regime led by a dictator. president obama made his declaration during a joint news conference with israel's prime minister. the first day of his first trip to israel as presidents. >> i had made clear at the use of chemical weapons is a game changer. any more horrific gains. i believe that if the regime has lost all credibility and leg
. well, the current estimate is $1.3 billion. the pattern will continue. twenty-one new taxes. twenty-one new taxes that will amount to $675 billion. this is getting expensive. among the most controversial, 2.6% tax. another $43,000. house republicans voted last summer to repeal this that they had installed it in th senate. senator orrihatch renew the effort today. he introduced a bipartisan amendment with nine democratic cosponsors to roll back that medical vice attacks. so what about presidentspromised to cut health care insurance premiums? $2500 per family. one study commission that obamacare will increase the cost of a family plan by $7200. do any of you remember the original statement by the president and his team? this is a plus. but it would cut it by $2500. in government terms, it is a $10,000 swin. so how do the officials feel about those rising premiums? well, here you are. >> why have the rates risen,and will be they rise furer? >> i think that what we are seeing is pretty good news. i used to watch this day in and day out. we have seen far feral or increases in the last fe
reform the tax system and entitlements. perform defense and have a rational rational and reasonable defense. >> why in the world is the president of the united states not moving forward with a budget that would be a blueprint to resolving those proposals? >> the words that seem to be operative here are cowardice or opportunism. it has to be one of the two. >> to do the wrong thing continually is not the act of a coward. lou: are you saying that the president is incapable of doing the right thing? >> i'm comparing how talented this man is. >> why doesn't he apply that? >> you know, that turns out to be laughable. the odds are empirically before him. you know, that is just unreasonable. >> there is another word we are leaving out, which is ideology. the republicans are rightly not going to agree with that. >> i think that when the senate passes a bill, you hammer things out. the one you want regular order. >> that is right. lou: all right, my goodness. i do want you to chat with me about the balanced budget. he does it in five years. rand paul's budget. very quickly, the names of thos
concerned about the eu bailout and the cyprus rejection of the eu mandated tax on the small depositors. news that the housing sector is stronger than expected helping to overcome some of the markets and today. the dow up about four points. the s&p fell to the same number, the nasdaq down almost nine. big board volume today picking up. gold moving higher, up 670, closing at 161130. crude oil dropping a dollar 58 to 9216 per barrel. the bond market and interest rates falling. the ten year treasury just under 2%. federal reserve policymakers beginning their 2-day meeting. my next guest said the fed will has been substantial, don't expect changes anytime soon. that should be music to the ears of most investors. joining us, former federal reserve vice chair princeton economist alan blinder and the author of the book after the music stops. great to have you with us. >> nice to be here. lou: let's start with cypress. this little place, million folks. they're creating quite a mess. $400 billion lost of global markets yesterday. we should blame -- >> multiple of the gdp. i actually think of like what
. spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the street. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gerri: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course, weeks after another government agency, this time, the usda had a video teaching college kids how to use a microwave. since the sequester, washington agentedded like a 2-year-old throwing temper tantrums making big spectacle cuts. looking like stopping the federal government from spending money is harder than keeping the snow from falling. cut out the spending on junk. that's my two cents more. that's all for tonight's "wig liz report," and thank you for watching. if you can't catch us live, don't forget to dvr the show. have a great night. ♪ lou: the tie any island nation of cypress is safe for now. the last effort to bail o
street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and unreasonable plan to seize money from bank depositors to pay for the eu bailout. much damage has been done and some investors are so shaken, they will take their money out of the banks at their first opportunity, which is now thursday morning. international monetary fund and central bank are embarrassed, which doesn't solve the insolvency problem. negotiators around 150 nations from new york city trying to negotiate a binding treaty that would end unregulated arms sales. the arms trade treaty president obama now says he supports. the national rifle association promises to strongly oppose that treaty saying it will lead to natio
Search Results 0 to 17 of about 18 (some duplicates have been removed)